Household Saving Rate in Canada decreased to 5.70 percent in the first quarter of 2025 from 6 percent in the fourth quarter of 2024. This dataset provides - Canada Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The saving rate of Canadian households increased considerably during the start of the COVID-19 pandemic in 2020. As of the second quarter of 2020, the saving rate of households in Canada peaked at **** percent. By the fourth quarter of 2024, Canadian households saved on average *** percent of their disposable income.

Key information about Canada Gross Savings Rate

• Canada Gross Savings Rate was measured at 25.2% in Sep 2024, compared with 25.2% in the previous quarter.
• Canada Gross Savings Rate is updated quarterly, with data available from Mar 1961 to Sep 2024, and an average rate of 25.2%.
• The data reached an all-time high of 25.2% in Sep 1966 and a record low of 16.3% in Mar 1992.
• CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. Statistics Canada provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.
• In the latest reports, Canada GDP expanded 2.2% YoY in Mar 2023.
• Canada Nominal GDP reached 520,294.6 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 1.4% in Mar 2023.
• Canada GDP Per Capita reached 54,090.1 USD in Jun 2022.

Quarterly current and capital accounts for the household sector, including property income, disposable income, net saving and net lending, Canada.

Gross domestic savings (% of GDP) in Canada was reported at 23.04 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Canada - Gross domestic savings (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The average value of net savings per household in Canada increased by *** dollars (+**** percent) since the previous year. In total, the average value amounted to ***** dollars in 2023. This increase was preceded by a declining average value.

Canada CA: Savings Rate data was reported at 0.050 % pa in 2017. This stayed constant from the previous number of 0.050 % pa for 2016. Canada CA: Savings Rate data is updated yearly, averaging 2.271 % pa from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 15.417 % pa in 1981 and a record low of 0.030 % pa in 2015. Canada CA: Savings Rate data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.IFS: Lending, Saving and Deposit Rates: Annual.

Household income, consumption and saving and their subcomponents, distributions, dollar values and dollar value per household, by household characteristics such as income quintile, age, housing tenure and composition, Canada, provinces and territories, 2020 quarter one to current quarter.

This table contains 18 series, with data for years 1961 - 2012 (not all combinations necessarily have data for all years), and was last released on 2012-10-01. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Seasonal adjustment (2 items: Unadjusted; Seasonally adjusted at annual rates ...), Estimates (9 items: Gross investment or saving; Less: capital consumption allowances; Equals: saving and capital consumption allowances; Less: statistical discrepancy adjustment ...).

Geography (14 items: Canada; Newfoundland and Labrador; Prince Edward Island; Nova Scotia; ...); Statistics (4 items: Value; Distribution of value; Value per household; Value per consumption unit); Characteristics (1 item: All households); Income, consumption and savings (23 items: Household disposable income; Compensation of employees; Net mixed income; Property income received; ...).

This table contains 18 series, with data for years 1961 - 2012 (not all combinations necessarily have data for all years), and was last released on 2012-10-01. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Seasonal adjustment (2 items: Unadjusted; Seasonally adjusted at annual rates ...), Estimates (9 items: Gross investment or saving; Less: capital consumption allowances; Equals: saving and capital consumption allowances; Less: statistical discrepancy adjustment ...).

Deposit Interest Rate in Canada remained unchanged at 4.91 percent on Wednesday April 10. This dataset includes a chart with historical data for Deposit Interest Rate in Canada.

Canada CA: Deposit Rate data was reported at 0.100 % pa in 2017. This stayed constant from the previous number of 0.100 % pa for 2016. Canada CA: Deposit Rate data is updated yearly, averaging 3.917 % pa from Dec 1971 (Median) to 2017, with 47 observations. The data reached an all-time high of 15.958 % pa in 1981 and a record low of 0.075 % pa in 2015. Canada CA: Deposit Rate data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.IFS: Lending, Saving and Deposit Rates: Annual.

Kanadas Bruttosparquote belief sich im 2024-09 auf 25.2 %. Dies stellt einen Anstieg im Vergleich zu den vorherigen Zahlen von 21.5 % für 2024-06 dar. Kanadas Bruttosparquote werden vierteljährlich aktualisiert, mit einem Durchschnitt von 22.9 % von 1961-03 bis 2024-09, mit 255 Beobachtungen. Die Daten erreichten ein Allzeithoch in Höhe von 34.7 % im 1966-09 und ein Rekordtief in Höhe von 16.3 % im 1992-03. Kanadas Bruttosparquote Daten behalten den Aktiv-Status in CEIC und werden von CEIC Data gemeldet. Die Daten werden unter World Trend Pluss Global Economic Monitor – Table: Gross Savings Rate: Quarterly kategorisiert.

Saving by parents and guardians for the postsecondary education of their children aged 17 and under, by parental characteristics. These parental characteristics include their age, the household income, their educational hope for the child, and their highest level of education. Statistics presented include the percentage of children with postsecondary education savings, the percentage of children with savings who have a Registered Education Savings Plan (RESP), and the average dollar value of the RESP.

Annual current account statistics for the household sector, including saving rate and disposable income, by province and territory.

The CLB is available to children born on or after January 1, 2004, who are from low-income families or getting benefits under the Children’s Special Allowance Act. The CLB provides an initial payment of $500, and $100 for each year of eligibility up to age 15 (to a maximum of $2,000) and is retroactive. This means CLB payments can be requested for years the beneficiary was eligible, even for years before they were named in an RESP. Personal contributions are not required to receive the CLB. The table consists of quarterly data beginning with the period ending on December 31, 2006. The first column presents the number of children who have ever received the CLB, the second column presents the number of eligible children in the given Forward Sortation Area (sourced from the Canada Revenue Agency), and the third column presents the participation rate or the proportion of children receiving the CLB in relation to the eligible population. All population counts of 30 or below are censored due to privacy issues. ********************************************************* A methodological note on the cumulative CLB file - as of March 14, 2024 The cumulative CLB file is an update of the CLB data from consecutive editions of the Quarterly National CLB report by Forward Sortation Area (FSA). The current file is updated using CLB data from the last four quarters (Q1 2024 through to Q4 2024) that can be found in the Q4 2023 National CLB report. The Q4 2024 report also contains the updated FSA values from the December 2024 release of Statistics Canada’s Postal Code Conversion File. In this edition one new FSA value (V4Y) was created and no FSA values were removed. Updates of the historical and recent CLB data, in the cumulative file, are adjusted to reflect the new and old FSA values. All counts of 30 or under are not included and are represented with an asterisk in the Quarterly National CLB report by FSA. The Quarterly National CLB report by FSA presents CLB data by FSA and does not include the CLB aggregated data at either the national or province and territory levels. As of January 1, 2022, individuals eligible for the CLB who were born in 2004 or after but did not receive it yet can apply for the benefit when they turn 18. As a result, adult beneficiaries (i.e., those who receive it between the ages of 18 and 20) are included in beneficiary counts from 2022 onward. The primary source of data that is used to produce these numbers comes from the Canada Education Savings Program’s administrative data. Some updates (e.g., reversals, repayments, data errors, and reporting delays) may have been introduced in the Canada Education Savings Program’s administrative data that could affect the previous reporting periods. As a result, the values in the latest quarterly report supersede the previous quarterly reports. Please note that the Open Government Portal provides data that add to those already available in the Canada Education Savings Program Annual Statistical Review. The most recent version of the report, which includes data up to 2023, was published on October 7, 2024 and can be found here: https://www.canada.ca/en/employment-social-development/services/student-financial-aid/education-savings/reports/statistical-review.html

Savings by parents and guardians for the postsecondary education of their children aged 17 and under, by region. Statistics presented include the percentage of children with postsecondary education savings, the percentage of children with savings who have a Registered Education Savings Plan (RESP), and the average dollar value of the RESP.

캐나다의 총 저축률은 2024-09에 25.2 %로 보고 되었습니다. 이는 2024-06에 21.5 %라는 이전 수치에 비 해상승한 기록입니다.캐나다의 총 저축률 데이터는 계간지마다 업데이트 되며,255개의 관측으로 1961-03부터 2024-09사이에 평균 22.9 %입니다. 이 데이터는1966-09에 34.7 %라는사상 최고치를, 1992-03에 16.3 %라는 최저치를 기록했습니다. 캐나다’의 총 저축률 데이터는 CEIC에 활성 상태로 남아 있으며CEIC Data에 의해 보고되는 정보입니다. 본 데이터는 World Trend Plus의 Global Economic Monitor - Table: Gross Savings Rate: Quarterly하에 분류 됩니다.

Savings by parents and guardians for the postsecondary education of their children aged 17 and under, by region. Statistics presented include the percentage of children with postsecondary education savings, the percentage of children with savings who have a Registered Education Savings Plan (RESP), and the average dollar value of the RESP.